NEW YORK CITY—Investment from overseas totaled 34% of all investment sales here for the first six months of 2016, down from the record 41% posted in 2015, according to a new report from Avison Young.

BOSTON—Hersha Hospitality also reported it has entered into a definitive agreement to sell the 125-room Residence Inn in Framingham, MA and the 96-room Residence Inn in Norwood, MA for a combined $47 million, or approximately $213,000 per key.

NEW YORK CITY—Despite a dramatic decline in construction activity, the New York Building Congress notes that the more than 20,000 units permitted over the last 12 months is in line with the average of residential permits authorized annually between 2005 and 2014.

NEW YORK CITY—The Brooklyn Brewery hopes to remain at the Williamsburg site at least until its lease expiration in 2025. Earlier this year, city officials announced that the brewery will locate its headquarters in 75,000 square feet of space at the Brooklyn Navy Yard.

WALTHAM, MA—The single-family median sales price in Greater Boston rose a modest 4.5% from $560,000 in 2015 to a new record high for June of $585,000. The increase marked the 21st consecutive month that the single-family median sales price has improved.

BOSTON—McClory said that if successful, the integration of services initiative will better service the firm's clients, but also create new business opportunities as well.

NEW YORK CITY—Pricing throughout the boroughs either held or showed slight appreciation by most measures, according to the second quarter report from Ariel Property Advisors.

BOSTON—German investment has been strong in Boston. In May, Deka Immobilien acquired 175 Federal St., a 17-story, 227-365-square-foot office building, also known as the Fiduciary Trust Co. building, for $139 million from Blackstone.